ACCOUNTING CONCEPTS 0.0 / 5HideShow resource informationAccountingAccounting conceptsASAQACreated by: chloebuckbyCreated on: 14-09-15 10:41 7352146 Across 1. once the concept is chosen it should not change (11) 4. no personal opinions should help valuations (11) 5. the lower of the cost and NRV (8) 6. should be recorded in the year they take place (8) Down 2. the business is more than likely going to continue trading (5, 7) 3. business and the owner have different identities (7) 7. items grouped together (11)
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